The agency has attached assets worth over Rs 700 crore of Modi and his family in India till now. It has also filed a chargesheet against him for laundering over Rs 6,400 crore of bank funds to dummy companies abroad.

The brokerage is concerned about patchy monsoon, election season, rising twin deficits, high crude prices, weak INR, slowing Chinese economy, trade wars, etc. It wonders whether the market will recover at all or whether a bear market is the next phase?

Apple launch event: New MacBook Air, iPad Pro and iMac Mini launchedApple Inc unveiled three new hardware offerings at its latest launch event on Tuesday. The event in Brooklyn, New York saw the new iterations of the MacBook Air, the iPad Pro and the iMac Mini being launched. Among today's launches, Apple MacBook Air now gets the Retina Display, slimmer bezels, USB Type-C ports, and even a 3.5mm audio jack. The iPad Pro has also been refreshed with slimmer bezels and reduced footprint, FaceID...

The RBI always has had its disagreements with the government, mostly in private and rarely in public, when it comes to its autonomy in setting the monetary policy, regulating banks, managing the rupee value in foreign exchange market, and even debt management function.

Meanwhile, the rupee rose 41 paise to close at more than three-week high of 73.16 against the US currency on Wednesday as global crude oil prices eased and domestic equity markets staged a smart rebound.

However, sometimes share prices can move very swiftly in any direction. Such movement can be because of panic in market, news or simply manipulation of prices. A circuit breaker is a system which ensures that any such swift movement in any direction is based on logic rather than anxiety/panic.